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From Poverty to Prosperity: Understanding Economic Development

University of Oxford via edX

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  • Provider edX
  • Subject Economics
  • $ Cost Free Online Course
  • Session Finished
  • Language English
  • Effort 2-3 hours a week
  • Start Date
  • Duration 6 weeks long

Taken this course? Share your experience with other students. Write review

Overview

How can poor societies become prosperous and overcome obstacles to do so? Professor Sir Paul Collier is one of the world’s leading scholars on this question, and in this economics course you will have the opportunity to learn from him directly. By enrolling you will have the opportunity not only to interact with the course materials but also to participate in a Q&A session with Professor Collier.

This course will discuss and examine the following topics:

  • The role of government and the key political, social and economic processes that affect development;
  • Why societies need polities that are both centralised and inclusive, and the process by which these polities develop;
  • The social factors that are necessary for development, including the importance of identities, norms, and narratives;
  • The impact of economic processes on development, including discussion about how government policies can either promote or inhibit the exploitation of scale and specialisation;
  • The external conditions for development, including trade flows, capital flows, labour flows and international rules for governance.

Enrol in this course to understand the factors that influence economic development and the different development paths that countries across the world have taken.

Syllabus

Module 1: From Anarchy to a centralised State
Economic development needs polities that are centralised and inclusive. No society starts with such a polity. Starting from anarchy, what determines whether a centralised state emerges?

Module 2: From centralised to Inclusive States

Economic development needs polities that are centralised and inclusive. No society starts with such a polity. What are the factors that develop a centralised state into an inclusive one?

Module 3: Power, Identities and Narratives
Economic development needs an alignment between power and identities. What happens when power and identities are misaligned and how can that misalignment be addressed?

Module 4: Growth through Urbanisation and Industrialisation
Economic development depends upon exploiting scale and specialisation, but poor societies start with neither. How can government policies promote or inhibit the exploitation of scale and specialisation?

Module 5: External Influences: Trade flows, Capital flows, Labour flows, and International Governance Rules
The political, social and economic processes covered in previous modules are fundamentally internal. External influences are peripheral but may still matter, for good or ill.

Module 6: Final Assignment
The details of the final assignment and instructions on how to complete it will be available in this module.

Taught by

Sir Paul Collier

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Reviews for edX's From Poverty to Prosperity: Understanding Economic Development
5.0 Based on 6 reviews

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  • 1
Karen C
5.0 12 months ago
by Karen completed this course, spending 6 hours a week on it and found the course difficulty to be medium.
I didn't expect to stick with this course - I'm not particularly interested in what I thought "economics" meant - but I was curious to see what Oxford was doing for a mooc. it turned out to be delightful, interesting, and highly informative about a subject i'd always thought was tedious and boring. It started with storytelling, then added a few technical terms as we went on, giving historical examples, and adding in the professor's personal experience with certain situations. I'd highly recommend it to anyone who wants to be better informed about what their government is doing, either from the perspective of a developing country, or from a stronger nation that can impact, for better or worse, the developing world, so we can vote responsibly on these issues.

FMI see my personal blog post at https://sloopie72.wordpress.com/2017/11/16/how-oxford-moocs-charmingly-i-must-say-from-poverty-to-prosperity-understanding-economic-development-edxonline/
Was this review helpful to you? Yes
Mariana M
5.0 2 years ago
Mariana completed this course, spending 8 hours a week on it and found the course difficulty to be hard.
Captivating subject, charismatic instructor, plenty of opportunities to think on the lessons and apply them to the reality around me.
Was this review helpful to you? Yes
Arthur W
5.0 a year ago
by Arthur completed this course, spending 2 hours a week on it and found the course difficulty to be medium.
This course is suitable for everybody who wants to make a positive change in their country or city. It presents the evolution of a place from an anarchy condition to a developed state, or, if you prefer, from poverty to prosperity.

The professor is brilliant, and he masters the ability of teaching. He presents the theory and illustrates it with essential examples. It is impossible for you not to relate the course to your own country.
Was this review helpful to you? Yes
Elizabeth S
5.0 2 months ago
by Elizabeth completed this course, spending 2 hours a week on it and found the course difficulty to be medium.
This course was clear, informative, thought-provoking, and inspiring. It illuminates why societies function and develop the way they do and how governments and individuals can help countries achieve their development goals. I recommend taking this course for both personal and academic enrichment. This course was time well spent.
Was this review helpful to you? Yes
Shafeeq G
5.0 12 months ago
by Shafeeq completed this course, spending 5 hours a week on it and found the course difficulty to be medium.
The course was great and very interactive, catchy and taught provoking. I have learnt a lot from Sir Paul Collier through this.
Was this review helpful to you? Yes
Philipp S
5.0 2 years ago
Philipp completed this course.
Was this review helpful to you? Yes
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